Opal Holdings Acquires Office Building In Orange County For $150.5M

An office property located at 333 City Blvd. W. in Orange County was recently sold for a price of $150,500,000. The property spans a total of 435,177 square feet, resulting in a price per square foot of $345. The transaction took place on July 30, 2021, and involved Opal Holdings as the buyer and Pacific Oak Capital Advisors as the seller. The deal was facilitated by brokers Kevin Shannon, Paul Jones, Brunson Howard, Ken White, and Brandon White from Newmark.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $150,500,000
• Address: 333 City Blvd. W.
• Market: Orange County
• Buyer: Opal Holdings
• Seller: Pacific Oak Capital Advisors
• Brokers: Kevin Shannon, Paul Jones, Brunson Howard, Ken White, and Brandon White - Newmark
• Square Footage: 435,177
• Price per Square Foot: $345

The sale transaction of this office property involved Opal Holdings as the buyer and Pacific Oak Capital Advisors as the seller. The deal was successfully facilitated by brokers Kevin Shannon, Paul Jones, Brunson Howard, Ken White, and Brandon White, all representing Newmark.